Oil price goes down, Brent - $63.56 a barrel

09:37 - 16.01.2026


January 16, Fineko/abc.az. Prices for oil of benchmark grades are declining in Friday’s tarding after a drop the day before.

The price of Brent crude oil futures for March at the ICE Futures exchange fell by $0.20 (0.31%) to $63.56 per barrel by 09:32. Following the trading on January 15, March’s Brent crude futures dropped by $2.76 (4.15%) to $63.76 per barrel.

The price of February’s WTI crude oil futures on the NYMEX commodity exchange decreased by $0.16 (0.27%) to $59.03 per barrel by 09:32. Following the trading on January 15, WTI crude futures for February fell in price by $2.83 (4.56%), to $59.19 per barrel.